WATCHING THE WORLD IMPASSE IN LIBYA

With Roger Vielvoye from London The hot seat between the Libyan and U.S. governments is one of the least enviable positions in the oil industry - and certainly one of the most frustrating. Sitting in the seat at the moment are the three companies that made up the old Oasis group, one of the American operators that held extensive, valuable concessions in Libya before being forced out by U.S. government sanctions.

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